Yesterday: "Stocks Soar on Europe Bailout"
Related: I strongly recommend reading this NY Times article about NY State Employees reacting (negatively) to mandatory 1 day work furloughs.
"Mr. Paterson announced last week that he would pursue the furloughs after the unions refused other concessions to save the state money, like giving up a 4 percent raise or delaying employees’ paychecks by several days. The one-day furlough is expected to save the state about $30 million, and the governor has said he would seek additional furloughs every week until the Legislature reaches a deal with him on the state budget, which is now nearly six weeks late.
The furloughs will exclude most public safety and health workers like State Police troopers, correction officers and nurses."
Seems New Yorkers don't like austerity any more than Greeks do...